We are all exposed to cyber risk, both as individuals and as actuaries. We need to be able to accurately price and value the risks that our employers and clients take on or are exposed to. The Chicago Actuarial Association is once again partnering with DePaul University to present the 4th Annual Cyber Risk Conference: “Emerging Technology: Unknown Risks”.
New and evolving technologies such as artificial intelligence, predictive analytics, machine learning, and robotic process automation are now an everyday reality. Business practices are being rapidly transformed in all sectors—from expediting insurance claims, automating financial processes, and revolutionizing search algorithms to heralding a paradigm shift in cyber security and military technology. These emerging technologies provide a host of new benefits, but also create a horde of new risks.
Three panels will address emerging technologies, the cloud and third-party vendor management, and legal issues in emerging technologies. The conference will begin and end with keynote speakers who are experts in cyber security and will include a lunch as well as a reception, providing opportunities for networking.